Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik Buterin and many others. Development began in 2014, with the official release occurring in mid-2015. Described by Buterin as a decentralized computing platform, Ethereum is a more wide-ranging application of the Decentralized Ledger Technology pioneered by Bitcoin. 

Ethereum was designed with the intention of having a scripting language for application development, which Bitcoin lacks. Dapps (decentralized apps)  are now some of the most intense research and development areas in the digital currency space. As mentioned by Buterin, Ethereum trades some security for versatility, though the development team is working extensively on improving security and scalability. 

Though it does take inspiration from Bitcoin, it differs in many ways. One notable difference is that the consensus mechanism algorithm gives ASICs less of an advantage. Block times range from 10 - 15 seconds as opposed to Bitcoin’s 10 minutes. One notable incident in Ethereum’s history occurred in 2016, when a smart contract flaw resulted in the theft of approximately $50 million worth of Ether. This subsequently resulted in a hard fork, splitting the Ethereum blockchain in Ethereum (ETH) and Ethereum Classic (ETC).

Ethereum itself, like Bitcoin, has inspired many projects, including rival platforms that seek to address the shortcomings of Ethereum. These platforms include EOS and TRON, which at the moment are its two closest competing platforms. Ethereum’s purpose of creating a platform for decentralized applications is its most vaunted aspect, as dapps are widely considered to bring the next era of adoption as specific, well-developed and user friendly crypto-based applications bring legitimacy to digital assets in the wider world.

In this tag, read Ethereum (ETH) news, price predictions, opinions and analyses created by users.

Vitalik Buterin shared details about the improvements that would come to the Ethereum network

4 days ago 2 minute read MonoBlack $0.02 tipped

The developer said the network must overcome the congestion problems it currently faces, as this will help reduce the costs of operations and boost operations through changes in the scheme of operation of the Ethereum Blockchain. --- Vitalik Buterin,...

Binance Authority Twitter Record Hacked

4 days ago 1 minute read goldenforex $0.07 tipped

The official Binance Jersey Twitter record was hacked by an unknown client @LightningNetwo9. As per a programmer's tweet on Binance Jersey, he is a security scientist with philanthropic thought processes. The programmer asserts that he could utilize...

With Vitalik Admitting Ethereum's Blockchain Is Clogged Up More Investors Will Look For Alternatives Such as IOTA 

4 days ago 3 minute read Ra.Tomps $3.37 tipped

Let me start by stating I have been a very long-term DIE HARD Ethereum fan throughout the ages! When Ethereum hit the cryptocurrency industry, not many people could even understand why this “OS” type blockchain will be sooooooo important to the overa...

The Japanese Amazon Rakuten spot trade announcement of Bitcoin Ethereum and Bitcoin Cash

4 days ago 1 minute read MonoBlack $0.04 tipped

The exchange will not charge fees for deposits and operations in real time, but for withdrawals.   Rakuten, the e-commerce giant considered the Japanese Amazon, today launched its own exchange for spot commerce. This type of spot trade, or cash trans...

Ethereum Founder Says Ethereum blockchain is full for scalability

4 days ago 1 minute read CryptoArgha $0.18 tipped

Ethereum Founder Says Eth Blockchain is full The Eth community was continually supporting the scalability update by Ethereum Foundation but the Dev always putup a excuse everytime. Recently Ethereum Founder Vitalik Buterin tweeted the Eth blockchain...

Get your CryptantCrab Starter Packs now for 25% off!

4 days ago 1 minute read CryptantCrab $1.78 tipped

With the tournament in sight, we are offering valuable discounts for all players. In particular, our Starter Pack will be going on sale for 0.1490 ETH, which includes 2 crabs, Double EXP, x4 Daily Rewards, and 3 Extra Team Slots!   The First Cryptant...

Bank of America submitted Patern for Digital wallet

4 days ago 1 minute read CryptoArgha $0.12 tipped

Recently the Bank of America filed a Patent for their own multiple currency crypto digital wallet Investment based investing bank of America will help users to access a multiple password generator wallet that will automatically generate multiple pass...

Free Cloud Mining of Phoneum Token on mobile

4 days ago 1 minute read DimitarM $0.04 tipped

Phoneum is a free mobile phone based crypto coin that can be cloud mined for free on your smartphone or tablet. It is available on Android and just recently on iOS. This is my referral link: The reward is 200 PHM f...

What is BAT?

4 days ago 2 minute read nervi $0.32 tipped

BAT, or Basic Attention Token, is a dynamically developing token and very fast gaining popularity. Let's take a closer look at this cryptocurrency. Basic Attention Token is an open source, decentralized platform based on Blockchain Ethereum network,...

BlockBurn: Listing in BW Exchange what to Expect.

4 days ago 1 minute read alberdioni8406 $0.11 tipped

The last week was Epic to the Blockburn Project and was surely a very intense week and all Community participated in Mass and very engaged to make the Brand BlockBurn very visible in the crypto space. Finally the $BURN token is live and Trading at BW...